お知らせ • Mar 17
Landore Resources Limited Announces the Commencement of the 2025 Drilling Programme on Itsam Gold Deposit At the Junior Lake Property, Ontario, Canada
Landore Resources Limited announced the commencement of the 2025 drilling programme on its BAM Gold Deposit at the Junior Lake property, Ontario, Canada. Highlights: 3,500-metre diamond drilling programme has commenced on BAM Gold, which is focused on providing greater clarity on the structure of the orebody, increasing overall confidence in the grade, size and continuity of the resource, as well as testing the considerable down-dip potential. The programme will seek to upgrade BAM's Inferred resources to the Indicated category and test the considerable higher-grade mineralisation potential down-dip. The drilling results will be used to update BAM's existing Mineral Resource Estimate, expected to be received in Quarter three 2025. Additional infill sampling of existing BAM drill core, aimed to further inform the deposit mineralisation model, is scheduled to be completed concurrently with the drilling. Results from the drill programme and additional infill drill core sampling, together with other studies including the BAM structural assessment completed by TECT Geological Consultancy, will be utilised to update the existing MRE and then subsequently to develop a Pre-Feasibility Study in 2026. BAM Drilling, The majority of the 3,500-metre resource drilling campaign at the BAM Gold project will focus on the eastern portion of the deposit, seeking to upgrade Inferred resources to the Indicated category, as well as testing the considerable higher-grade potential down-dip within the central portion of the eastern pit area. Drilling to test both shallow and deep mineralisation zones will also be completed on the western portion of the deposit. The results from this drill programme will be used to update the existing BAM Gold Mineral Resource Estimate, anticipated to be received in Quarter three 2025. AM Infill Drill Core Sampling, Further infill sampling of select existing drill holes at BAM Gold will be completed concurrently with the drilling. The results of such sampling, together with the infill sampling results reported in the Company's announcement of 3 March 2025, will further support BAM's mineralisation model and the planned updated MRE. Planned PFS, Results from the drilling and infill drill core sampling, as well as the recently completed technical studies, including the BAM Gold structural assessment by consultancy firm, TECT Geological Consultancy, will be used to update the existing MRE. This, in turn, will support the Company's plans to commence a pre-feasibility study in 2026. Junior Lake Property, The Junior Lake Property, 100% owned by Landore Resources, together with the contiguous Lamaune Iron property (90.2% owned) (jointly the "Junior Lake Property"), consisting of 22,037 hectares, is located in the province of Ontario, Canada, approximately 235 kilometres north-northeast of Thunder Bay and is host to: the BAM Gold Deposit; the B4-7 Nickel-Copper-Cobalt-Platinum-Palladium Deposit; the VW Nickel-Copper-Cobalt Deposit; the Lamaune Gold Prospect and numerous other precious and strategic metal occurrences.